Nissan aims to grab 5% market share by 2020 Nissan aims to grab 5% market share by 2020 - ImagesGram

Nissan aims to grab 5% market share by 2020


The company is aiming to sell 250,000 units out of 5 million passenger vehicle in India by 2020, as projected in AMP 2016-2026.
 Tokyo: Japanese carmaker Nissan is planning to acquire five per cent market share in the Indian car market. The company is aiming to sell 250,000 units out of 5 million passenger vehicle in India by 2020, as projected in AMP 2016-2026.

“We expect a better market share with both Nissan and Datsun. In the next 3-5 years, you will see an overall improvement in brand positioning and overall volumes. We expect to grab 5 per cent of the 5 million units,” said Daniele Schillaci, Executive Vice President for Global Marketing and Sales, Zero-Emission Vehicles and Battery Business, MC Japan/A&O (Japan, Asia, Oceania Business).
The Japanese carmaker is also working on the electric vehicle for a different market. In a press conference, Schillaci said: “We are working with the local team in India for our electrification strategy. We also see a good potential in the Indian car market.” The carmaker today also unveiled the Nissan IMx, an all-electric crossover concept vehicle offering fully autonomous operation and a driving range of more than 600 kilometres at the Tokyo Motor Show.